By Robbin Schindele
Whether we like it or not the Internet is now about money. Internet stocks were the hottest stocks on the street in 1998. Investors stood in line to buy Internet related IPOs. The biggest names in the game, AOL, Microsoft, Infoseek and Yahoo cannibalized the business by buying up entire business segments in a year-end feeding frenzy.
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The prices paid for companies that never made a profit were huge, millions were handed out to buy a few million email customers who were getting the service for free.
It doesn't make sense until you remember the commercial Internet credo; "All that matters is traffic."
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